Chocolate Companies

A federal judge has dismissed a lawsuit against Mondelez International, Inc. over chocolate labelling. He ruled that a reasonable consumer would not assume that the chocolate contains unprocessed cacao. The consumer protection lawsuit was filed in February. According to the lawsuit, the plaintiff. C.K. Lee had purchased Green & Black chocolate based on the front […]

Mars has released their 2021 Cocoa for Generations Report and two sub-reports for the year 2021. The main report, comes this year in the form of a bite-size interactive webpage, rather than a downloadable PDF. If anyone involved in authoring the Annual Report reads this, please can I convince you to go back to using

The incoming European laws over proof of origin have been the catalyst of new supply-chain initiatives. Godiva, which sources its Cocoa from the two largest producers, Côte d’Ivoire and Ghana, hasn’t always had a great track record for its ESG approach. In 2020 they won the Rotten Egg award for worst performing company. Mighty Earth

Two months ago, chocolate giant Barry Callebaut shut the doors to one of its largest factories situated in Wieze, Belgium, over an outbreak of salmonella found in batches of lecithin.  The contamination required chocolate production at the facility to come to an immediate halt, while it underwent a deep cleaning process to rid the location

Nestlé’s upcoming chocolate theme park will be built in Gruyère, Switzerland in 2025. The Swiss chocolate giant has plans to open a Cocoa-dedicated theme park in its home country, specifically in Gruyère, a region some claim as the “chocolate capital of the world.” Swiss newspaper Le Temps reports that the ambitious project is due to

The British trade union Unite has reached an agreement with Barry Callebaut’s management on a 10 per cent pay rise for around 200 workers at the company’s factory in Banbury, Oxfordshire. Inflation in the UK is currently at 9.4%, and it is expected to rise to over 13% over the next year. The cost of

Hershey’s half year report is long and detailed, and contains a lot of information not directed more towards investors, or the non-chocolate market. We have only shown parts of the press release which we think are relevant to the Cocoa/Chocolate industry. Like the other chocolate companies issuing their half year financial statements, Hershey made more

The creator of chocolate brand Oat m!lk, HAPPi, is launching a joint project ‘Kids for Nature’ with Luker Chocolate. Part of Luker Chocolate’s collaborative plan called ‘The Chocolate Dream’, the initiative aims to protect Colombia’s diverse wildlife with the help of Colombian youths. Colombia is the second most biodiverse country in the world, with more

Mondelēz may not be much loved within the craft chocolate market, but they are popular with investors. We couldn’t find any stock analyst that had a SELL position for the company. Most had BUY positions with a couple of HOLD. Despite a dubious ESG record, the company knows how to keep investors happy. As with

This is a strong set of results across the board for the company. In particular paying down debt with the additional free cash flow as future interest rates are going up, seems like someone in the finance dept is paying attention. However, CEO, Peter Boons’ statement at the end of the results is a little

Earlier this year the company announced plans to invest USD 104 million in the new plant which will include both office space for corporate operations and chocolate processing. The plant will be focused on sugar-free, high protein, and other specialty chocolate products. Barry Callebaut now disclosed the location to be, 4 Bowery Road, Brantford, Ontario,